Kingfisher Airlines caused Rs 290 crore loss to AAI, says CAG
Bogged down by mounting debt and operational issues, the Vijay Mallya-owned KFA was grounded in 2012 after aviation regulator DGCA cancelled its licence.
Jul 30, 2015, 21:20 PM IST
Banks pile pressure on liquor baron Mallya over airline loans
Lenders are increasing pressure on liquor baron Vijay Mallya to facilitate repayment of the debts of his Kingfisher Airlines , which has not flown since 2012 and owes more than $1 billion to a consortium of mostly state-run banks.
Sep 03, 2014, 10:44 AM IST